Online gaming operators will have to find a great motivation to enter the Greek market. According to igamingbusiness.com, the country is asking for a fixed fee of €5 million to obtain a license and offer its offer to players online. Of course, this does not take into account the annual taxes that they will have to pay later. An expensive fixed rate... The Greek Minister of Finance has communicated on the conditions of obtaining a license online.
Operators will have to pay €4 million for a sports betting license and €1 million extra to offer other online gambling. Without counting this sum, they will have to put on the table 500.000€ to make a request for Sports Betting a license, to show that they have funds necessary to ensure the first months of activity. On the non-financial side, the operator in question will have to prove that it has a license from another European jurisdiction before being able to take an interest in Greece.
The country shows with this requirement that it only wants actors of experience.
Operators will have to pay €4 million for a sports betting license and €1 million extra to offer other online gambling. Without counting this sum, they will have to put on the table 500.000€ to make a request for Sports Betting a license, to show that they have funds necessary to ensure the first months of activity. On the non-financial side, the operator in question will have to prove that it has a license from another European jurisdiction before being able to take an interest in Greece.
The country shows with this requirement that it only wants actors of experience.
